This is the Paramilitary 2 blue/purple G10 folding combat knife featuring a CPM-S110V stainless steel blade. It's another excellent hard use everyday carry blade that's as collectible as any production knife out there.
Why change something if it works? At Spyderco, they practice the principle of C.Q.I. - Constant Quality Improvement. If they can refine and improve the ergonomics or cutting performance of an established model, they do it.
The Spyderco Paramilitary 2 tactical folding knife has several changes over the classic version. The G10 handle is narrowed at the end improving the ergonomics. The handle and blade have been profiled thinner; removing uncomfortable angles when in the closed position. It features a Compression Lock and an ambidextrous-friendly four way clip which carries tip-up/tip-down, left/right-hand and rests deeper in a pocket. They kept the same full flat-ground blade shape but they've also lengthened the blade's tip and added additional surface jimping to both the spine and finger choil. Implementation of an updated Bushing Pivot System generates fluid action and more consistent manufacturing tolerances. A larger lanyard hole gives you more options for carry and shows just how refined this knife is.